QBE share price in focus
QBE began as a marine insurance company in Townsville in the late 1800s and has grown into one of Australia’s largest insurers.
Today, the group operates in 27 countries, offering a broad range of insurance products across the commercial, consumer, reinsurance, and agriculture sectors.
Although QBE has Australian origins, only about 30% of its revenue is now generated domestically, with another 30% coming from the United States and the remainder primarily from Europe.
AMC shares
Amcor develops and produces a broad range of packaging products including flexible packaging, rigid packaging containers, specialty cartons, and closures.
The history of Amcor dates back to the 1860’s and the company now operates across more than 200 sites in 40 countries.
Amcor are focused on innovation in the packaging space to meet changing consumer and regulatory demands for sustainable packaging.
QBE & AMC share price valuation
We would consider QBE to be a ‘mature’ or ‘blue-chip’ business, so some of the metrics that could be worth considering include the debt/equity ratio, average yield, and return on equity, or ROE. These measures give us a sense of the company’s debt levels, their ability to generate returns from their assets, and their ability to consistently return profits to shareholders.
For CY24, QBE Insurance Group Ltd reported a debt/equity ratio of 27.0%, meaning the company has more equity than debt.
Over the last 5 years, QBE has delivered an average dividend yield of 2.8% per year. This is important to note if you’re looking for income from your investments.
Finally, in CY24, QBE reported an ROE of 17.2%. For a mature business you generally want to see an ROE of more than 10%, so QBE clears this hurdle.
As for Amcor CDI, they reported a debt/equity ratio of 187.0% in FY24, meaning the company is leveraged.
Since 2019 AMC has achieved an average dividend yield of 4.4% per year, and in FY24 reported an ROE of 18.4%
Keep in mind that these are only a small selection of metrics. We don’t have enough information to value the business or make an investment decision. To learn more about valuation, check out one of our free online investing courses.
